Minesto AB (publ)

OM:MINEST Stock Report

Market Cap: SEK 330.7m

Minesto Management

Management criteria checks 2/4

Minesto's CEO is Martin Edlund, appointed in Feb 2016, has a tenure of 9.25 years. total yearly compensation is SEK2.48M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.078% of the company’s shares, worth SEK257.48K. The average tenure of the management team and the board of directors is 1.9 years and 15.3 years respectively.

Key information

Martin Edlund

Chief executive officer

SEK 2.5m

Total compensation

CEO salary percentage100.00%
CEO tenure9.3yrs
CEO ownership0.08%
Management average tenure1.9yrs
Board average tenure15.3yrs

Recent management updates

Recent updates

Here's Why We're Watching Minesto's (STO:MINEST) Cash Burn Situation

Nov 28
Here's Why We're Watching Minesto's (STO:MINEST) Cash Burn Situation

We're Keeping An Eye On Minesto's (STO:MINEST) Cash Burn Rate

Feb 09
We're Keeping An Eye On Minesto's (STO:MINEST) Cash Burn Rate

Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?

Sep 21
Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?

We Think Minesto (STO:MINEST) Needs To Drive Business Growth Carefully

Aug 25
We Think Minesto (STO:MINEST) Needs To Drive Business Growth Carefully

At kr17.65, Is It Time To Put Minesto AB (publ) (STO:MINEST) On Your Watch List?

Feb 01
At kr17.65, Is It Time To Put Minesto AB (publ) (STO:MINEST) On Your Watch List?

Minesto AB (publ)'s (STO:MINEST) Shift From Loss To Profit

May 03
Minesto AB (publ)'s (STO:MINEST) Shift From Loss To Profit

The Minesto (STO:MINEST) Share Price Is Up 638% And Shareholders Are Delighted

Feb 28
The Minesto (STO:MINEST) Share Price Is Up 638% And Shareholders Are Delighted

When Can We Expect A Profit From Minesto AB (publ) (STO:MINEST)?

Feb 01
When Can We Expect A Profit From Minesto AB (publ) (STO:MINEST)?

What Does Minesto AB (publ)'s (STO:MINEST) Share Price Indicate?

Jan 11
What Does Minesto AB (publ)'s (STO:MINEST) Share Price Indicate?

Our View On Minesto's (STO:MINEST) CEO Pay

Dec 21
Our View On Minesto's (STO:MINEST) CEO Pay

Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?

Nov 23
Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?

CEO Compensation Analysis

How has Martin Edlund's remuneration changed compared to Minesto's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-SEK 35m

Dec 31 2024n/an/a

-SEK 36m

Sep 30 2024n/an/a

-SEK 43m

Jun 30 2024n/an/a

-SEK 40m

Mar 31 2024n/an/a

-SEK 33m

Dec 31 2023SEK 2mSEK 2m

-SEK 27m

Sep 30 2023n/an/a

-SEK 89m

Jun 30 2023n/an/a

-SEK 86m

Mar 31 2023n/an/a

-SEK 86m

Dec 31 2022SEK 2mSEK 2m

-SEK 84m

Sep 30 2022n/an/a

-SEK 17m

Jun 30 2022n/an/a

-SEK 16m

Mar 31 2022n/an/a

-SEK 16m

Dec 31 2021SEK 2mSEK 2m

-SEK 15m

Sep 30 2021n/an/a

-SEK 13m

Jun 30 2021n/an/a

-SEK 13m

Mar 31 2021n/an/a

-SEK 14m

Dec 31 2020SEK 2mSEK 2m

-SEK 13m

Sep 30 2020n/an/a

-SEK 98m

Jun 30 2020n/an/a

-SEK 99m

Mar 31 2020n/an/a

-SEK 100m

Dec 31 2019SEK 2mSEK 2m

-SEK 100m

Sep 30 2019n/an/a

-SEK 14m

Jun 30 2019n/an/a

-SEK 14m

Mar 31 2019n/an/a

-SEK 11m

Dec 31 2018SEK 2mSEK 2m

-SEK 11m

Compensation vs Market: Martin's total compensation ($USD258.93K) is about average for companies of similar size in the Swedish market ($USD275.97K).

Compensation vs Earnings: Martin's compensation has increased whilst the company is unprofitable.

CEO

Martin Edlund (55 yo)

9.3yrs
Tenure
SEK 2,480,141
Compensation

Dr. Martin Edlund, PhD, has been the Chief Executive Officer of Minesto AB since February 14, 2016. Mr. Edlund is the Founder and Chief Executive Officer of Kebbison Innovation and is involved in venture c...

Leadership Team

NamePositionTenureCompensationOwnership
Martin Edlund
CEO & Director9.3yrsSEK 2.48m0.078%
SEK 257.5k
Gustav Kvibling
Chief Financial Officer1.9yrsno datano data
Johannes Huffmeier
Chief Operations Officer1.9yrsno datano data
Bernt Westre
Chief Technology Officer7.7yrsno data0.0065%
SEK 21.4k
Cecilia Sernhage
Chief Communications Officerno datano datano data
Louise Marsden
Chief Personnel Officer1.3yrsno datano data
David Collier
Chief Strategy Officer1.9yrsno datano data
Hans Lindstrom
Chief Supply Chain Officer1.9yrsno datano data
1.9yrs
Average Tenure

Experienced Management: MINEST's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Martin Edlund
CEO & Director17.3yrsSEK 2.48m0.078%
SEK 257.5k
Andreas Gunnarsson
Deputy Board Memberno datano datano data
Goran Linder
Independent Director18.3yrsSEK 157.50kno data
Git Adolfsson
Independent Director15.3yrsSEK 157.50kno data
Jonas Millqvist
Independent Chairman of the Board7.3yrsSEK 315.65kno data
Joel Lybert
Independent Director1.9yrsSEK 52.50kno data
15.3yrs
Average Tenure
58.5yo
Average Age

Experienced Board: MINEST's board of directors are seasoned and experienced ( 15.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/21 02:36
End of Day Share Price 2025/05/21 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Minesto AB (publ) is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Johan SpetzPareto Securities